BlackSky Technology
Real-time on-demand tasking with AI analytics. Gen-3 (35cm VHR) GA March 2026. Defense/intel focus with growing 2025 revenue and an expanding backlog.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
Reported fundamentals from SEC XBRL companyfacts. Derived figures carry their formula in the caption.
Latest quarter (Q1 ended 2026-03-31, filed 2026-05-07): revenue $20.8M · net income −$29.7M · cash $39.4M — SEC XBRL.
DEBT TRANCHES (4)
| Tranche | Principal | Rate / spread | Maturity | SEC accession |
|---|---|---|---|---|
| Convertible Senior Notes | $185.0M | 8.25% | 2033-08-01 | 0001753539-26-000064 |
| Satellite Launch Vendor Financing Nov 2023 | $27.0M | 12.60% | — | 0001753539-26-000032 |
| Satellite Launch Vendor Financing Nov 2025 | $30.6M | 9.50% | — | 0001753539-26-000064 |
| Satellite Launch Vendor Financing Initial | $27.0M | 12.60% | — | 0001753539-26-000064 |
| Total (unmatured) | $269.6M |
Total = sum of listed unmatured tranche principal. Extracted from SEC filings; tranche-level, not exhaustive. Rate / spread = interest_rate_bps ÷ 100 — fixed coupon or floating-rate spread, as extracted from the filing; floating-rate bank debt shows the spread over its reference rate, not all-in cost.
Tranche principal is face value from filings and may exceed the balance-sheet long-term-debt figure (XBRL concept coverage); reconciliation pending ingest extension.
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.
RECENT DEALS & CONTRACTS
| Date | Type | Amount | Counterparty | Significance |
|---|---|---|---|---|
| Jun 09, 2026 | Contract Award | — | National Reconnaissance Office, BlackSky Technology | Medium |
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| Jul 08, 2026 | NASASpaceFlight | Rocket Lab sees Electron gains, Neutron delays in first half of 2026 |
| Jun 09, 2026 | SpaceNews | BlackSky to accelerate broad-area collection work under NRO contract modification |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · BlackSky corporate homepage — operator confirmation for Gen-3 high-res EO constellation (NYSE: BKSY).
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.